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Wednesday, April 14, 2021 12:20:32 PM
Here is from MGTI's SEC recent filings showing BTC.
From 1/27/2021 MGTI filing to SEC:
"MGT CAPITAL INVESTMENTS, INC. AND SUBSIDIARY
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands, except per–share amounts)
The following table presents the activities of digital currencies for the nine months ended September 30, 2020:
Digital currencies at December 31, 2019 $ 18
Additions of digital currencies from mining 1,287
Payment of digital currencies to management partners (78 )
Realized gain on sale of digital currencies 13
Net realizable value adjustment (2 )
Sale of digital currencies (1,236 )
Digital currencies at September 30, 2020 $ 2
Note 4. Property, Plant, and Equipment and Other Assets
Property and equipment consisted of the following:
As of
September 30, 2020 December 31, 2019
Land $ 57 $ 57
Computer hardware and software 10 10
Bitcoin mining machines 1,469 2,313
Infrastructure 1,032 771
Containers 550 467
Leasehold improvements 4 -
Property and equipment, gross 3,122 3,618
Less: Accumulated depreciation (757 ) (82 )
Property and equipment, net $ 2,365 $ 3,536
The Company recorded depreciation expense of $244 and $902 for the three and nine months ended September 30, 2020, respectively. The Company recorded depreciation expense of $27 for the three and nine months ended September 30, 2019. For the three and nine months ended September 30, 2020, a loss on sale of property and equipment of $123 and $381, respectively, was recorded as other non-operating expense related to the sale and disposition of Antminer S17 Pro Bitcoin miners."
Link: https://tdameritrade-researchcomponents.markitdigital.com/5ad8f6a3-65e2-4baf-a248-00a91dcbf636
GLTA
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